WTO to probe China rare earth stranglehold claims The World Trade Organisation has finally agreed to investigate claims by the US, EU and Japan that China is unfairly strangling rare earth exports in order to favour its domestic manufacturing industry. The three complained back in March that China was pushing up prices and restricting exports of the minerals – which are …
I don't know how many lorries you will need to carry off the amount of faggotry and hypocrisy generated during this discussion round. Maybe we can get some Hillary Hysterics and Mitt Foppery out of this though.
Do I need to link to
article again?
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After all, China has around 30 % of known rare earth reserves (as pointed out by Tim above, neither W nor Mo are among the so-called «rare earths», i e, the lanthanides plus Sc and Y) and produces about 97 % of those available on the market. This would seem to mean that countries with 70 % of known reserves produce approximately 3 % of the rare earths available on the market. The obvious conclusion to draw from all this is that it is those dastardly Chinese who are holding the market to ransom and that the other countries sitting on all those reserves and which don't choose to produce for the market have nothing at all to do with any lack of these materials there. Right, Phil ?...
Henri
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